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Technical Analyst: XRP Is Not Bearish in the Slightest. Here why

Technical Analyst: XRP Is Not Bearish in the Slightest. Here why


TimesTabloid
2025-10-16 10:17:26

Market participants have watched XRP move through several critical price levels in recent months, creating uncertainty among investors following its sharp swings around the $2 mark. Yet one analyst remains firm in his conviction that the token’s long-term trend remains intact. Charting Guy (@ChartingGuy), a respected technical analyst, shared a chart on X, accompanied by the statement, “XRP is NOT bearish in the slightest.” His post comes as XRP continues to trade within a defined structure that suggests resilience rather than weakness. The monthly chart he shared reveals a series of Fibonacci retracement levels extending from past cycles, with key resistance and support levels clearly outlined. According to the chart, XRP’s recent crash caused it to retest the 0.786 Fibonacci zones sitting at $1.61. This zone has historically played a decisive role in shaping XRP’s major moves. $XRP is NOT bearish in the slightest pic.twitter.com/ZZ3ILgSfaG — Charting Guy (@ChartingGuy) October 14, 2025 Technical Structure and Key Levels The chart shows that XRP’s current position near $2.44 still places it well above its critical retracement supports, maintaining a bullish posture on higher timeframes. The highlighted zone in green, roughly between $1.60 and $1.80, appears to represent a strong accumulation area. XRP previously spent a significant amount of time consolidating well below this range before breaking higher between November 2024 and January 2025. This level could act as a floor in case of renewed selling pressure . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Charting Guy’s use of Fibonacci extensions also points toward possible targets far above the current price. The 1.272, 1.414, and 1.618 extensions are marked at approximately $8.29, $13.38, and $26.63, respectively. While these levels remain distant, they outline the potential upside that could unfold if XRP maintains its structure and momentum into the next market phase. XRP’s Next Steps XRP recently experienced heightened volatility, but the monthly candles in the chart maintain higher lows, reinforcing Charting Guy’s stance that the overall trend is not bearish. His post contrasts with the short-term pessimism often seen when the token retraces after significant rallies. Historically, periods of tight price compression have preceded sharp directional moves. Traders analyzing the same data may view this consolidation as preparation for another expansion phase, especially if XRP manages to sustain a close above $2.65, which another analyst recently highlighted as a crucial level to beat before XRP can resume its uptrend. If XRP can regain its momentum, the next significant objective remains to reclaim the $3.31 resistance highlighted in red. A confirmed break above that threshold could open the path toward higher targets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Technical Analyst: XRP Is Not Bearish in the Slightest. Here why appeared first on Times Tabloid .


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